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1st Fund Raised

Posted by maverick | Posted in Uncategorized | Posted on 16-10-2009

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After more than a year of planning and working, we were finally able to finalize the successful raising of 500.000€ for our 1st seed & startup investment fund (http://seedcapital.pt/).

Maverick was instrumental in raising the capital from private investors and will be managing the fund, as well as being an investor.

The funds raised will be managed by Maverick (namely Mario Valente) and used to invest small amounts (15/25K) in seed & startup companies and projects (pre-business plan, pre-prototype, pre-money). The plan is to invest in 10 to 15 projects in the Technology, Media and Telecommunications industry over the next 3 years.

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